Placentia Real Estate Market Report- October 1st, 2009

Placentia Real Estate Market Report- October 1st, 2009

Placentia Active Listings= 94

Lowest priced listing in Placentia= $115,000.00
Highest priced listing in Placentia= $879,000.00

Active Listings Property Type:

• 67 Single Family Residences
• 27 Condos/Townhouses
  

Active Listings Sale Type:

• 57 Standard Listings
  
• 8 REO* Listing
• 29 Short Pay** Listings
  

Active Listings Price Range:

• 52 priced at or above $500,000.00
• 42 priced below $500,000.00

Placentia Properties in Pending & Back Up Status= 82

Pending & Back Up Status Listing Type:

• 43 Standard Listings
  
• 7 REO* Listings
  
• 32 Short Pay** Listings
  

Placentia Properties Sold From 9/1/09-9/30/09= 27

September, 2009 Sales Type:

• 18 Standard Sales
• 3 REO* Sales
• 6 Short Pay** Sales

Lowest Sept '09 Sales Price= $78,500.00
Highest Sept '09 Sales Price= $950,000.00

What can you buy in Placentia at these prices?:

$78,500.00=

• 2 bd/1 ba single family residence
  
• 673 s.f.
• 4,233 s.f. lot
• Located near the 57 fwy
• Tear down condition
  

$950,000.00=

• 3 bd/3.5 ba single family residence
• 5,684 s.f.
• 35,066 s.f. lot
• 4 car garage
  
• Built in 1913
  
• Historical home
  
• Located near the border of Yorba Linda
  

*REO= Real Estate Owned. Foreclosed properties currently owned by the lender.
** Short Sale= Properties that are still owned by the borrower. Borrower is attempting to sell the property for less than what is owed to the lender. Lender must approve the reduced pay off amount based on the current market value and borrowers inability to pay the full loan balance.